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democrats on the fence to say, hang on a moment. >> bill, if they've got time to have a hearing with stephen colbert they can take a vote on pending tax relief. i believe all the tax cuts would be extending but they just don't want to hold that vote. bill: on the screen you can see for a family of four making $50,000 a year, if the tax cuts are not extended they will pay $2,900 more in taxes during a time when as you no and you've stated and we talked to stu varney that the economy is still struggling. family of four making a hundred grand a year pay $4,500 more in taxes. how do you think thinks this is going to happen. >> hopefully it will not. if the hreps -- republicans are in the house and senate you won't see any increase in taxes. this adds to uncertainty, we hear our small businesses talking about itment there is a growing i think incompetent in governing in washington. this is damaging i think for the democrats across the board. bill: one more question. john boehner said in his responsible, the most irresponsible thing he has ever known congress to do. is that hyperbole or do you agr
everybody back to work. martha: stephen moore, is an economic writer at the "wall street journal." good to see you. >> hi there. martha: a couple of things i take away from what austan goolsbee said, they try to manage down expectation and don't want to say things will get better when we have a long way to go. >> that's right, by the way, martha, i have known him several years and is a good economist but what he's disabilities of here is being honest, here. being honest about the repercussions of the stimulus bill, we probably are going to have a number of more months of 9%-plus unemployment, and, this, i think is an admission, at stimulus plan did not work. remember, we were promised an unemployment rate of less than 8% by now. martha: why they are backing away from specific numbers, because, the 8% number has hung around their shoulders in an unpleasant way and there's the august number, 9.6, the highest rate of 10% and nobody is feeling great at 9.6%, and, the stimulus package, there's still a lot of money left in that. a lot of folks wonder why can't we use the money for the new sti
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